ELATRIK: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ELATRIK
Largest movements
- Tangible fixed assets +€53,127
up €53,127 (+222.9%), from €23,831 to €76,958
of which Land and buildings: +€59,170
- Stocks and contracts +€10,270
up €10,270 (+149.0%), from €6,891 to €17,161
- Receivables within one year -€7,735
down €7,735 (-32.2%), from €23,998 to €16,263
of which Trade receivables: -€13,599
- Cash -€6,807
down €6,807 (-100.0%), from €6,807 to €0
mainly Investment in fixed assets (net) (-€62,342) and Stocks and contracts (-€10,270)
- Debts after one year +€38,264
up €38,264 (+277.8%), from €13,774 to €52,039
- Trade debts +€5,016
up €5,016 (+31.0%), from €16,193 to €21,210
- Current portion of long-term debt +€4,597
up €4,597 (+90.5%), from €5,077 to €9,675
- Profit (loss) carried forward +€1,399
up €1,399 (+5.7%), from €24,633 to €26,032
- Gross operating margin +€6,852
up €6,852 (+42.8%), from €16,004 to €22,856
- Financial charges +€1,253
up €1,253 (+70.8%), from €1,771 to €3,024
- Depreciation -€698
down €698 (-7.0%), from €9,913 to €9,215
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,685 | €111,242 | +€48,557 | +77.5% |
| Fixed assets | 21/28 | €23,831 | €76,958 | +€53,127 | +222.9% |
| Tangible fixed assets | 22/27 | €23,831 | €76,958 | +€53,127 | +222.9% |
| Land and buildings | 22 | - | €59,170 | +€59,170 | |
| Plant, machinery and equipment | 23 | €1,292 | €1,421 | +€129 | +10.0% |
| Furniture and vehicles | 24 | €1,381 | €1,314 | -€67 | -4.9% |
| Leasing and similar rights | 25 | €21,157 | €15,052 | -€6,105 | -28.9% |
| Current assets | 29/58 | €38,855 | €34,285 | -€4,570 | -11.8% |
| Stocks and contracts in progress | 3 | €6,891 | €17,161 | +€10,270 | +149.0% |
| Stocks | 30/36 | €6,891 | €17,161 | +€10,270 | +149.0% |
| Amounts receivable within one year | 40/41 | €23,998 | €16,263 | -€7,735 | -32.2% |
| Trade receivables | 40 | €19,437 | €5,838 | -€13,599 | -70.0% |
| Other amounts receivable | 41 | €4,561 | €10,425 | +€5,864 | +128.6% |
| Cash at bank and in hand | 54/58 | €6,807 | €0 | -€6,807 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,159 | €861 | -€298 | -25.7% |
| Total equity and liabilities | 10/49 | €62,685 | €111,242 | +€48,557 | +77.5% |
| Equity | 10/15 | €26,633 | €28,032 | +€1,399 | +5.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,633 | €26,032 | +€1,399 | +5.7% |
| Amounts payable | 17/49 | €36,052 | €83,211 | +€47,158 | +130.8% |
| Amounts payable after more than one year | 17 | €13,774 | €52,039 | +€38,264 | +277.8% |
| Financial debts | 170/4 | €13,774 | €52,039 | +€38,264 | +277.8% |
| Amounts payable within one year | 42/48 | €22,278 | €31,065 | +€8,787 | +39.4% |
| Current portion of amounts payable after more than one year | 42 | €5,077 | €9,675 | +€4,597 | +90.5% |
| Financial debts | 43 | - | €52 | +€52 | |
| Credit institutions | 430/8 | - | €52 | +€52 | |
| Trade debts | 44 | €16,193 | €21,210 | +€5,016 | +31.0% |
| Suppliers | 440/4 | €16,193 | €21,210 | +€5,016 | +31.0% |
| Taxes, remuneration and social security | 45 | €0 | €17 | +€17 | |
| Taxes | 450/3 | €0 | €17 | +€17 | |
| Other amounts payable | 47/48 | €1,007 | €112 | -€896 | -88.9% |
| Accrued charges and deferred income | 492/3 | - | €107 | +€107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,913 | €9,215 | -€698 | -7.0% |
| Other operating charges | 640/8 | €840 | €976 | +€137 | +16.3% |
| Non-recurring operating charges | 66A | €0 | €7,200 | +€7,200 | |
| Gross operating margin | 9900 | €16,004 | €22,856 | +€6,852 | +42.8% |
| Operating profit (loss) | 9901 | €5,252 | €5,466 | +€214 | +4.1% |
| Financial income | 75/76B | €0 | €25 | +€25 | |
| Recurring financial income | 75 | €0 | €25 | +€25 | |
| Financial charges | 65/66B | €1,771 | €3,024 | +€1,253 | +70.8% |
| Recurring financial charges | 65 | €1,771 | €3,024 | +€1,253 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €3,481 | €2,467 | -€1,014 | -29.1% |
| Income taxes | 67/77 | €1,265 | €1,068 | -€197 | -15.6% |
| Profit (loss) for the period | 9904 | €2,216 | €1,399 | -€817 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,216 | €1,399 | -€817 | -36.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.